Once upon a time, a guy named Carl decided he wanted to introduce his grandpa to Bitcoin. Carl had been talking about cryptocurrency for months, convinced it was the future, but Grandpa wasnât quite convinced. He was old schoolâkept his money under the mattress and thought âcryptoâ was some kind of new-fangled slang for âcrypt keeper.â
Carl set up a Bitcoin wallet for Grandpa, transferred a tiny amount to get him started, and explained how it worked. Grandpa scratched his head, confused by the whole concept. Carl gave him a pep talk, saying, âThis is digital gold, Grandpa! One day, this could be worth millions.â
A week later, Carl called Grandpa to see how he was doing with his new digital fortune. Grandpa answered the phone and said, âWell, Carl, I spent all that Bitcoin you gave me.â
Carl panicked. âWhat?! What did you spend it on? How did you even figure out how to spend it?â
Grandpa replied, âI didnât spend it on anything. I printed out all my Bitcoins and mailed them to myself just to make sure I still had âem.â
Turns out Grandpa printed the QR codes from his Bitcoin wallet, cut them into little squares, and put them in an envelope, convinced he was storing his wealth. Carl sighed, realizing Grandpaâs money was safer under the mattress after all.
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